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Goldman Sachs Announces Latest Round Of Investments As A Part Of Its One Million Black Women Initiative

Black women are getting the support they deserve thanks to Goldman Sachs. The Goldman Sachs Group, Inc. announced a $10 billion commitment as a part of its One Million Black Women initiative following an Advisory Council meeting on Jan. 12. The collective pool of 17 business and community leaders includes notable names such as Secretary Condoleezza Rice, Issa Rae, and both Stephen and Ayesha Curry. The financial backing from Goldman Sachs will support One Million Black Women’s mission to funnel healthcare, job creation, workforce development, education, affordable housing, digital connectivity, financial health, and access to capital to Black women, according to its press release. “This next round of funding strategically connects the dots across several One Million Black Women impact areas and not only supports the infrastructure that Black women and their families need to thrive but has the potential to uplift communities and address generations of racial and gender inequities,”...

Jan 17, 2022

Ayesha And Steph Curry Join Goldman Sachs' One Million Black Women Initiative

Goldman Sachs has added the Currys as two new additional members to help it reach its ambitious goal. As previously reported by AfroTech, Goldman Sachs announced a new initiative back in March that aimed to invest $10 billion in what they called the One Million Black Women (OMBW) initiative — a hefty effort that plans to support Black women over the next 10 years. The original 15-person Advisory Council has now grown to include NBA superstar Steph Curry and his wife Ayesha to assist the company in its grandiose mission to end racial inequity. “Given all that’s happened over the course of the last year, we’ve done a lot of talking at the firm—and even more listening—to help us figure out how we can do more to end the racial inequity and the gaps that have existed in society for well too long,” Goldman Sachs CEO David Solomon previously shared in a statement to ESSENCE. “Impact comes with sustained effort over a long period of time. We’re very prepared for that.” According to the...

May 14, 2021